22nd Oct 2019 12:11
(Alliance News) - CML Microsystems PLC said Tuesday it expects to report a drop in interim profit and revenue, despite reporting a stable trading period.
For the six months to the end of September, the semiconductors maker expects to report a pretax profit of around GBP900,000, on revenue of GBP13.1 million.
This represents a 62% drop from GBP2.4 million in pretax profit the year before, and a 13% decline from revenue of GBP15.1 million.
As at September 30, CML's net cash amounted to GBP11.2 million.
CML Microsystems will publish its interim results on November 19.
Shares in CML - which is headquartered in Essex, UK - were untraded on Tuesday, last quoted at 304.75 pence
By Dayo Laniyan; [email protected]
Copyright 2019 Alliance News Limited. All Rights Reserved.
Related Shares:
CML Microcircuits